Sejong Telecom Accelerates ESG Management Through Electrical Construction Business... "Opening the Path of Light Worldwide"

Last April, the Sustainability Standards Board (KSSB) under the Korea Accounting Standards Board announced a draft of domestic ESG disclosure standards. In line with the planned mandatory introduction of ESG disclosure from 2026 onwards, the government, organizations, and companies are busy preparing.

In particular, due to the global spread of regulations such as the European supply chain due diligence law, a survey by the Korea Federation of SMEs in January last year revealed that over 87% of the top 30 large companies are strengthening ESG evaluation management of their partners. Domestically, management of supply chain ESG is also gradually being reinforced, with purchasing policies reflecting incentives or penalties based on evaluation results.

ESG management has become an essential task, not a choice, as it connects environmental protection, fulfillment of social responsibilities, and corporate value for sustainability and long-term growth strategies.

Sejong Telecom (CEO Lee Byung-guk) is also accelerating the creation of future value that benefits nature and humanity and contributes to the world through its electrical construction business. Through its core value-based 'Connected' business, it is fulfilling social responsibilities related to environment, quality, and safety, practicing ESG management.

Sejong Telecom’s electrical business responds to the construction of national infrastructure such as railroads, power, and roads, dedicating efforts to improving construction quality and technology across the industry. Safety, health, and environmental values are prioritized in all management activities. To ensure a safe workplace, the company has expanded and reorganized a dedicated safety organization under the Chief Safety Officer (CSO).

Additionally, it has obtained certifications for the three major international standard management systems: ISO9001, ISO14001, and ISO45001, complying with high standards in safety, environment, and quality. Based on these systems, it contributes to expanding access to electricity worldwide through large-scale electrical construction projects overseas.

The World Bank has indicated that although access to electricity has steadily increased over decades worldwide, many countries still face difficulties in the universal supply of infrastructure involving electrical facilities, highlighting the urgent need for improvement in electricity access over the coming years.

In response, Sejong Telecom is striving to create the highest value by expanding electrical infrastructure in developing countries and efficiently allocating resources based on years of accumulated know-how and technological capabilities. Representative projects have been carried out in Equatorial Guinea, Mongolia, and Iraq.

In 2021, Sejong Telecom signed an electrical subcontracting contract with Ssangyong Construction for the 'Bata International Airport New Construction' project in the West African region of Equatorial Guinea, completing the airport terminal and annex buildings, ranging from one basement floor to three above-ground floors, over approximately 21 months. Sejong Telecom was responsible for installing all electrical systems including substation equipment, power facilities, lighting, control systems, communication systems, and fire protection systems in the airport terminal and annex buildings.

'Bata' is the second-largest city in Equatorial Guinea and a gateway to the continent. The Bata International Airport project is significant in contributing to Equatorial Guinea’s emergence as a strong African nation. Currently, Sejong Telecom is also undertaking electrical work for specialized facilities such as data centers, boxing gyms, and multipurpose facilities (hospitals).

In Iraq, Sejong Telecom is involved in the Bismayah New City project. This project is the largest new city construction in Iraq’s history, building 100,000 housing units on an 18.15 million square meter site located 10 km from Baghdad. Sejong Telecom is responsible for major construction works including substation equipment, underground power cable electrical work, and PC plant communication work.

Additionally, through electrical and aviation lighting work at Mongolia’s New Ulaanbaatar International Airport, Sejong Telecom has ensured smooth power supply and flight safety. Using its Mongolian subsidiary as a base, the company aims to discover and secure more diverse private, public, and high-tech projects locally, enhancing the dynamism of its electrical construction business.

Sejong Telecom’s Electrical Business Headquarters is also achieving results domestically. Following the completion of the 'Phase 4 North Remote Apron Aviation Lighting Facility Construction' ordered by Incheon International Airport Corporation in January 2022, it contracted and completed the 'Gimpo Airport 14-direction Grounding Zone Improvement and Other Works' commissioned by Korea Airports Corporation.

This year, it demonstrated its technical capabilities by winning the contract for the 'Janghang Line Double-track Railway Signal Facility Installation' ordered by the Korea Rail Network Authority. This project accounts for 70% of the total bid amount of 45.08187 billion KRW, aiming for completion in 2026. It involves installation and removal of electrical and mechanical signal facilities such as shunting signals, semaphore signals, route indicators, electrical line switches, jumpers, and connecting rods.

Furthermore, Sejong Telecom participated in the Chuncheon Soyang Promotion Zone 2 housing redevelopment and reconstruction project, leading efforts to improve the regenerative environment through electrical vehicle charging facilities and solar power installations in urban development. The proven technical skills through various business achievements have also been recognized with awards. Last year, the 'Gwacheon Line Indeokwon~Seonbawi Overhead Line Improvement Project' site, contracted from the Korea Rail Network Authority, was selected as an excellent site and received a commendation, acknowledging its contribution to the railway industry.

As a result of these efforts, Sejong Telecom recently received an ESG comprehensive evaluation grade 2 from the ESG rating agency Icredible. Following last year, it again earned the 'ESG2' grade this year for its excellent environmental, social, and management system frameworks and performance for sustainable management, placing it within the top 7.1% of all certified companies.

Lee Byung-guk, CEO of Sejong Telecom, stated, “The motto of the Electrical Business Headquarters is to contribute to society based on the best technology and efforts for present and future prosperity.” He added, “We will continue to uphold the basics, ensure that employees understand and actively practice ESG management, and strive both inside and outside the company for technological advancement.”

This content was produced with the assistance of AI translation services.